AGP broker Accounts

agp Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: agp Account Types Overview

agp Account Types Explained

AGP offers several account types tailored to different trading needs and profiles. Below is a detailed overview of each account type:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.1 pips, commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads
• Target User Profile: Experienced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $3 per lot
• Leverage Options: Up to 1:400
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:200
• Key Features: Compliant with Sharia law, no overnight interest
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard account
• Leverage Options: Same as Standard account
• Key Features: Practice trading with virtual funds, risk-free environment
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Part 2: agp Account Features Comparison

Detailed agp Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:200

• Spreads (Typical/Minimum):

• Standard: 1.0 pips

• ECN: 0.1 pips

• Pro: 0.0 pips

• Islamic: Similar to Standard or ECN

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: Same as Standard or ECN

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: ECN

• Islamic: Market

• Islamic Account Availability:

• Yes for Islamic Account only

• Swap-free Options:

• Available for Islamic Account

• Demo Account Features:

• Virtual funds, same trading conditions as live accounts

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners

• No commission fees

• High leverage

• ECN Account:

• Lower spreads

• Direct market access

• Suitable for high-frequency trading

• Pro Account:

• Best for professional traders

• Advanced trading tools

• Lower commission fees

• Islamic Account:

• Compliant with Islamic finance principles

• No overnight interest

• Demo Account:

• Risk-free trading environment

• Practice strategies without financial risk

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN or Pro accounts

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may add up for frequent traders

• Pro Account:

• High minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited to specific trading conditions

• May have higher spreads compared to Standard

• Demo Account:

• No real financial gain

• Limited duration for practice

Part 3: agp Account Opening Requirements

agp Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old

• Geographic Restrictions: Available in most countries, but specific restrictions may apply

• Prohibited Countries: Countries under sanctions or restrictions may not be eligible

• Identity Verification Documents Needed:

• Government-issued ID (passport, driver's license)

• Proof of address (utility bill, bank statement)

• Proof of Residence Requirements:

• Recent document showing name and address

• Additional Documentation for Professional Accounts:

• Financial statements or proof of trading experience may be required

• KYC/AML Compliance Procedures:

• All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations

• Verification Time Frames:

• Typically 1-3 business days for account verification

Part 4: agp Account Opening Process

Step-by-Step agp Account Opening Guide

1. Visit Website and Click Registration: Go to the AGP official website.
2. Personal Information Entry: Fill out the registration form with personal details.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify leverage, trading platform, and other preferences.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once verified and funded, you can begin trading.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but mobile may have a simplified interface.
• Common Registration Issues and Solutions: Ensure all documents are clear and valid; double-check personal information for accuracy.
• Average Account Approval Time: Generally, 1-3 business days.
• How to Upgrade/Downgrade Account Types: Contact customer support for assistance with changing account types.

Part 5: agp Demo Account Information

agp Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk

• Access to the same trading conditions as live accounts

• How to Open a Demo Account:

• Register on the AGP website and select the demo account option.

• Demo Account Limitations:

• Limited duration for use (typically 30 days)

• Virtual funds only

• Virtual Balance Amount:

• Usually set at $10,000 or more in virtual funds

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money.

• Duration/Expiry of Demo Accounts:

• Typically expires after 30 days of inactivity.

Part 6: agp Islamic Account (if available)

agp Islamic Account Details

• Swap-free/Islamic Account Availability:

• Yes, AGP offers swap-free accounts compliant with Islamic finance principles.

• Eligibility Requirements:

• Must be a practicing Muslim, provide necessary documentation.

• Differences from Standard Accounts:

• No overnight interest charges.

• How to Apply for Islamic Account:

• Select the Islamic account option during registration or contact support for assistance.

• Restrictions or Special Conditions:

• Must adhere to Islamic trading principles; may have specific trading conditions.

FAQs – agp Account Types & Opening

1. What account types does agp offer？

• AGP offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.

1. How long does agp account verification take？

• Verification typically takes 1-3 business days.

1. Does agp offer demo accounts？

• Yes, AGP provides demo accounts for practice trading.

1. Can I have multiple account types with agp？

• Yes, traders can open multiple account types as needed.

1. Does agp offer Islamic/swap-free accounts？

• Yes, AGP offers Islamic accounts that are compliant with Sharia law.

1. What documents do I need to open a agp account？

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.